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Canadian Housing Market Starts 2022 Hotter Than Ever
Posted by Teri-Lynn Jones on
Photo by Darren Richardson on Unsplash
The Canadian housing market ended 2021 on a high note. How has it been performing a month into 2022?
Canada’s sizzling housing sector has been resilient throughout the coronavirus pandemic. Despite the economic downturn and global health crisis, Canadian real estate markets from coast to coast have enjoyed unprecedented growth in sales activity and home valuations alike. What’s more, the gravity-defying growth has been consistent across virtually every segment of the market, with urban condominiums bouncing back after experiencing a lull in 2020, to the spike in single-detached activity in suburban and rural communities.
The key question for many market analysts, as well as homebuyers and sellers,…
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